GE Aerospace to Acquire Consolidated Precision Products in $11.75 Billion Deal
General Electric’s GE Aerospace division has agreed to acquire Consolidated Precision Products (CPP) from private equity firms Warburg Pincus and Berkshire Partners for $11.75 billion. The acquisition is expected to significantly expand the jet-engine manufacturer's capacity in producing critical components, particularly castings used in aircraft engines. The deal highlights GE Aerospace’s strategic move to strengthen its supply chain capabilities amid growing demand for advanced aerospace technologies. CPP specializes in manufacturing complex metal parts and has a long-standing relationship with major aerospace companies. The acquisition is anticipated to enhance efficiency and reduce lead times by integrating key production processes under one entity. This transaction underscores the ongoing consolidation trend within the aerospace sector, as firms seek scale and operational resilience.
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